Jim urges the Chancellor to take the political flak and put up income tax in the forthcoming budget. He also reflects on the political boomerang the Prime Minister suffered in sacking Lucy Powell.
The Chancellor has invested billions in the infrastructure of the future
UK economy. However Jim thinks with the strong likelyhood of more tax
increases, the government could pay a heavy short term price.
Jim worries that the Chancellor is relying on the south of England too much in her dash for growth.
Jim suggests the shine has come off Rachel Reeves who needs to see results following her tax increases. Jim also wonders if the Iranian regime could fall following the Syrian revolution.
Jim reports on the first big challenges facing the Chancellor, the row over the economic inheritance, the legacy of HS2 cancellation, Biden’s departure and the Tories leadership plans.
In his blog Jim asks if Rachael Reeves still wants the job of Chancellor after Jeremy Hunt has stolen her policies and left a legacy of tax increases and spending cuts.
Ahead of next week’s Budget, Jim examines the pressure on the Chancellor for tax cuts, and the consequences if he carries them out.
The Chancellor is cherpy but is he entitled to be? Jim analyses the Autumn Statement and Labour’s pledge to back the tax cuts.
The highest taxes for generations and falling living standards, yet argues Jim in his latest blog, the Chancellor offered stability and some ground breaking measures for the North and Midlands in this week’s Budget.
Frank McKenna urges the Chancellor to use his £30 Billion windfall to support business and the economy, and go for growth, when he delivers his budget next month.
Frank McKenna fears for small businesses and the hospitality sector following last week’s Autumn Statement.
Jim reflects on the spectacular economic implosion of the new Truss government and reports on the level of interest from business in the Labour Party that he noted at their Liverpool conference.
